Investing in Fantom (FTM) in Germany requires a reliable platform that aligns with your needs. This guide covers top-rated exchanges, step-by-step purchasing instructions, payment methods, and key considerations for investing in Fantom.
Top 3 Crypto Exchanges to Buy Fantom in Germany
eToro
- Regulated and user-friendly
- Offers social trading features
- Free EUR deposits
Binance
- Low trading fees (0.1%)
- Supports multiple payment methods
- High liquidity
Coinbase
- Beginner-friendly interface
- Strong security measures
- Instant EUR purchases
How to Buy Fantom in Germany: Step-by-Step
1. Choose a Platform
Select a Germany-compliant exchange regulated by BaFin or recognized EU authorities. Our top picks above meet these criteria.
2. Create and Fund Your Account
- Sign up with personal details.
- Complete KYC (submit ID and proof of address).
- Deposit EUR via bank transfer, credit card, or PayPal (fee-free on eToro).
3. Purchase Fantom
- Search for FTM/EUR or FTM-USDT pairs.
- Buy instantly or set limit orders.
👉 Compare top crypto exchanges for the best rates.
Is Fantom a Good Investment?
Pros
- Decentralized: Operates independently of traditional finance.
- High liquidity: Easily tradable globally.
- Growth potential: Expanding adoption in DeFi and smart contracts.
Cons
- Volatility: Prices can fluctuate sharply.
- Regulatory risks: Evolving policies may impact usage.
Payment Methods for Buying Fantom
| Method | Fees | Processing Time |
|-----------------|---------------|----------------|
| Bank Transfer | €0–€1 | 1–3 days |
| Credit Card | 1.8%–3% | Instant |
| PayPal | 1%–2.5% | Instant |
👉 Learn about secure transactions with Fantom.
Storing Fantom: Wallet Options
Software Wallets
- Exchange wallets (eToro, Binance): Convenient but less secure.
- Mobile wallets (Trust Wallet): Balance of security and accessibility.
Hardware Wallets
- Ledger/Trezor: Best for long-term storage.
Fantom Taxes in Germany
- Hold >1 year: Tax-free profits.
- Short-term gains: €600 annual tax-free allowance; income tax applies beyond this.
- Recordkeeping: Track transaction dates, EUR values, and wallet addresses.
FAQ
What’s the cheapest way to buy FTM?
Binance offers low fees (0.1% per trade) and free bank transfers.
Can I buy FTM anonymously?
No—German exchanges require KYC. Crypto ATMs (limited to BTC/ETH) are an alternative.
How do I sell Fantom?
Use the same platform where you bought it to create a sell order.
Final Thoughts
eToro stands out for its regulatory compliance, zero deposit fees, and intuitive interface. For advanced traders, Binance provides competitive fees and high liquidity. Always prioritize security by using hardware wallets for long-term holdings.
Methodology
We evaluated exchanges based on:
- Fees
- Security (regulation, storage practices)
- Payment options
- User experience
For details, visit our testing framework.